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Property profile & analytics
OFF-MARKET
Estimated value
$1,920,000
Office buildings
5842 Snyder Dr 5848 Lockport, NY 14094-9497
Individually Owned
2-yr Hold
Free & Clear
Property ID
US63-3676406
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
3,924 SF
Lot
2.35 ac (102,366 SF)
Zoning code
MIXED
APN
292600 138.05-2-8.122
UPID
US63-3676406
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Pulmonary Group of Western New York, LLP Medical Clinic
-
Dr. Hartwig O. Boepple, MD Physician
-
Linda M Miller FNP Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.92M
Owner & transaction history
Stephen T Inasu · 2 yrs held
Stephen T Inasu
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
MIXED · Lockport, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lockport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lockport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,920,000
ML approach
$1,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.92M
Range $1.73M – $2.11M · ±10% · vs last sale $1.92M (Jun 24 2024)
Last sale anchor
$1.92M
Jun 24 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$489 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$1,380,000
Assessed 2023
Previous assessed
$1,380,000
+0.0% YoY
Assessed land
$180,000
Assessed improvement
$1,200,000
Land market value
$180,000
Improvement market value
$1,200,000
Total market value
$1,380,000
Applied tax rate
290,900.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
3,924 SF
Lot
2.35 ac (102,366 SF)
Zoning code
MIXED
APN
292600 138.05-2-8.122
UPID
US63-3676406
Jurisdiction
NIAGARA
Zoning & alternative use
MIXED · Lockport, NY
Zoning MIXED · permitted uses
MIXED · Lockport, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lockport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
2.35 ac
Current owner
From public records · entity-resolved
Stephen T Inasu
Individual
Free & Clear · 2 yrs held
Mailing address
2225 PO BOX 598TH RD, LOCKPORT, NY 14095-0598
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
$1,917,500
Stephen T Inasu
Marotta Holdings INC
Deed
—
Jun 24, 2024
$1,600,000
Stephen T Inasu
Among Marotta Holdings INC
Deed
—
May 8, 2018
—
Marotta Holdings INC
—
Deed
related
$192,228 · Miscellaneous Ins Co
Dec 14, 2011
—
Marotta Holdings INC
—
Trustees Deed
related
$361,000 · Evans Bank NA
Dec 8, 2010
—
Marotta Holdings INC
Marotta Holdings INC
Quit Claim Deed
related
$79,950 · Evans Bank NA
Nov 2, 2009
—
Marotta Holdings INC
—
Trustees Deed
related
$458,000 · Ungaro Joseph R Living Tr (pt)
—
—
Marotta Holdings INC
—
Deed Of Trust
related
$192,228 · Miscellaneous Ins Co
—
—
Marotta Holdings INC
—
Loan Modification
related
$1,600,000 · Miscellaneous Ins Co
—
—
Marotta Holdings INC
—
Deed Of Trust
related
$325,000 · Ungaro Joseph R Living Tr (tr)
—
—
Marotta Holdings INC
—
Deed Of Trust
related
$628,000 · Ungaro Joseph R Living Tr (pt)
—
—
Marotta Holdings INC
—
Deed Of Trust
related
$1,450,000 · Evans Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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